outlay

Half infrastructure development cost to come from private sector: Kumari Selja


September 13th, 2012 - 10:07 pm ICT by IANS
Kochi, Sep 13 (IANS) Union Minister for Housing and Urban Poverty Alleviation Kumari Selja Thursday said the share of the private sector in infrastructure development is expected to go ... Read more...

Posted in Health Science |

Development of tribal areas top priority: Dhumal


September 9th, 2012 - 7:46 pm ICT by IANS
Shimla, Sep 9 (IANS) The development of tribal areas in Himachal Pradesh is one of the top priorities of the government, Chief Minister Prem Kumar Dhumal said Sunday."The government ... Read more...

Posted in Politics |

Assam refinery to explore potential markets in neighbouring countries


September 8th, 2012 - 12:11 am ICT by IANS
Guwahati, Sept 7 (IANS) Given its proximity to countries like Bangladesh, Bhutan and Myanmar, Assam's Numaligarh Refinery Limited (NRL) is now planning to explore potential markets for its products in ... Read more...

Posted in Business |

Coal India to get assets abroad


September 3rd, 2012 - 9:58 pm ICT by IANS
New Delhi, September 3 (IANS) Coal India Ltd (CIL) will spend Rs.5,000 crore this fiscal to acquire assets abroad, Pratik Prakashbapu Patil, minister of state in the coal ministry, said ... Read more...

Posted in Business |

Chennai Petroleum plans capex of Rs.760 crore this fiscal


August 14th, 2012 - 10:28 pm ICT by IANS
Chennai, Aug 14 (IANS) Oil refining company Chennai Petroleum Corporation Ltd (CPCL) plans a capital expenditure of Rs.760 crore this fiscal on various projects, said a top company official.Speaking to ... Read more...

Posted in Business |

Reliance Infrastructure reports decline in Q1 profits


August 14th, 2012 - 7:07 pm ICT by IANS
Mumbai, August 14 (IANS) Reliance Infrastructure Tuesday declared that its standalone net profit declined 24 percent year-on-year to Rs.327 crore in the quarter ended June 2012.The company has posted a ... Read more...

Posted in Business |

Delhi approves food security scheme for poor


August 13th, 2012 - 11:24 pm ICT by IANS
New Delhi, Aug 13 (IANS) The Delhi government Monday gave its nod to implementing a project to provide food security to two lakh vulnerable households in the current year not ... Read more...

Posted in Politics |

Dhumal opens cold store, apple packing units


July 30th, 2012 - 7:24 pm ICT by IANS
Shimla, July 30 (IANS) Himachal Pradesh Chief Minister Prem Kumar Dhumal Monday opened an integrated cold chain storage facility and two computerised grading and packing units in the apple-growing areas ... Read more...

Posted in Business |

Ford India to export Eco Sport; offers petrol, diesel versions


July 17th, 2012 - 7:34 pm ICT by IANS
Chennai, July 17 (IANS) Ford India Private Ltd., the Indian subsidiary of the US automobile major Ford Motor Company, has beefed up its engine capacity to 340,000 units and would ... Read more...

Posted in Business |

India to build 43,000 houses in Sri Lanka


July 14th, 2012 - 10:22 pm ICT by IANS
Colombo, July 14 (IANS) India will build 43,000 houses for Sri Lanka's war displaced communities in the north and east, the Indian High Commission here said Saturday.This is part of ... Read more...

Posted in South Asia |

Tube Investments to acquire Shanthi Gears for Rs.292 crore


July 13th, 2012 - 6:06 pm ICT by IANS
Chennai, July 13 (IANS) Multi-product company Tube Investments of India (TI), part of the $4.4 billion Murugappa Group, Friday announced plans to acquire promoter holdings of gear maker Shanthi Gears."We ... Read more...

Posted in Business |

Tamil Nadu to modernise its checkposts


July 7th, 2012 - 5:46 pm ICT by IANS
Chennai, July 7 (IANS) Tamil Nadu Chief Minister J.Jayalalithaa Saturday ordered the modernisation of 36 checkposts of state commercial tax department at an outlay of Rs.33.36 crore.In a statement here, ... Read more...

Posted in Business |

Danish group Danfoss’ new plant goes on stream


June 27th, 2012 - 12:36 am ICT by IANS
Chennai, June 26 (IANS) Danish group Danfoss Tuesday inaugurated its factory here for manufacturing two million units of filter-driers per annum to meet its Indian and global air-conditioning market's demand ... Read more...

Posted in Business |

Sarovar Hotels to expand in Africa, India


June 21st, 2012 - 2:40 pm ICT by IANS
Chennai, June 21 (IANS) Sarovar Hotels Pvt Ltd, a fast-growing hotel chain, is in the process of expanding its African and Indian presence in managing and owning properties, a ... Read more...

Posted in Business |

Jayalalithaa dismayed by plan allocation


June 4th, 2012 - 9:36 pm ICT by IANS
New Delhi, June 4 (IANS) Tamil Nadu Chief Minister J. Jayalalithaa Monday expressed her dismay at the process of finalising the annual plan allocation for her state by the Planning ... Read more...

Posted in Politics |

Pakistan hikes defence budget by 10 percent


June 2nd, 2012 - 3:10 am ICT by IANS
Islamabad, June 2 (IANS) Pakistan has increased its defence budget by nearly 10 percent to 545 billion rupees ($5.8 billion) for the 2012-13 fiscal year.The government had earmarked 495 billion ... Read more...

Posted in South Asia |

M&M; mulls Rs.4,000 crore investment in Tamil Nadu


June 1st, 2012 - 10:52 pm ICT by IANS
Chennai, June 1 (IANS) Automobile major Mahindra and Mahindra (M&M;) plans to build a vehicle plant at an outlay of Rs.4,000 crore in Tamil Nadu, a top company official said.Anand ... Read more...

Posted in Business |

Neyveli Lignite to soon finalise power equipment suppliers


May 29th, 2012 - 12:33 am ICT by IANS
Chennai, May 28 (IANS) Integrated lignite mining-cum-power generator Neyveli Lignite Corporation Ltd (NLC) will order boilers and turbine generators for its proposed 2x500 MW power plant at ... Read more...

Posted in Business |

Neyveli Lignite Corp to add 1,000 MW this fiscal


May 28th, 2012 - 10:37 pm ICT by IANS
Chennai, May 28 (IANS) Integrated lignite mining-cum-power generator Neyveli Lignite Corporation Ltd (NLC) hopes to add around 1,000 MW this fiscal to its existing 2,740 MW capacity, a top company ... Read more...

Posted in Business |

Yamaha to set up Rs.1,500 crore plant in Tamil Nadu


May 14th, 2012 - 6:17 pm ICT by IANS
Chennai, May 14 (IANS) With demand for its premium bikes going up and sensing bigger opportunities, the India Yamaha Motor Pvt. Ltd. will be setting up here its largest plant ... Read more...

Posted in Business |

Mamallapuram-Ennore link road planned at Rs.1,420 crore


May 9th, 2012 - 2:35 pm ICT by IANS
Chennai, May 9 (IANS) The state government will prepare a project report for linking Mamallapuram near here with Ennore by road at an outlay of Rs.1,420 crore, Tamil Nadu Chief ... Read more...

Posted in Business |

CX Precision Mechanical to set up facility at Sri City


May 9th, 2012 - 1:25 pm ICT by IANS
Chennai, May 9 (IANS) CX Precision Mechanical (India), part of the Rs.900-crore-turnover Chunxing Group of China, will set up a die-castings unit at Sri City Special Economic Zone (SEZ) in ... Read more...

Posted in Business |

Greaves Cotton plans to expand construction equipment, diesel engine range


April 28th, 2012 - 12:09 am ICT by IANS
Chennai, April 27 (IANS) Expanding itse construction equipment product range with a technical tie-up with a Korean company and looking at different four-wheeler makers to power their vehicles with its ... Read more...

Posted in Business |

Only five percent primary teachers clear eligibility test


April 27th, 2012 - 3:18 pm ICT by IANS
New Delhi, April 27 (IANS) Expressing concern over the poor quality of school teachers, Human Resource Development (HRD) Minister Kapil Sibal Friday said only 5.5 percent had cleared the primary ... Read more...

Posted in Uncategorized |

Gujarat bags award for watershed mangement project (With Image)


April 21st, 2012 - 4:54 pm ICT by IANS
New Delhi, April 21 (IANS) Gujarat has been given the Prime Minister's Award for excellence in public administration 2010-11 here on the Civil Services Day saturday ... Read more...

Posted in Business |

Go Air in talks with European carriers for maintenance work


April 19th, 2012 - 7:39 pm ICT by IANS
Chennai, April 19 (IANS) With its fleet size set to expand, low cost carrier Go Airlines is in talks with two European carriers for an aircraft maintenance and spare parts ... Read more...

Posted in Business |

Lakshmi Machine Works to expand Chinese operations (Lead)


April 12th, 2012 - 1:00 am ICT by IANS
Chennai, April 11 (IANS) China-based Renminbi 220 million turnover LMW Textile Machinery (Suzhou) Co Ltd, a wholly owned subsidiary of the Coimbatore-headquartered Lakshmi Machine Works Ltd, has decided to expand ... Read more...

Posted in Business |

Lakshmi Machine Works to expand Chinese operations


April 12th, 2012 - 12:40 am ICT by IANS
Chennai, April 11 (IANS) China-based Renminbi 220 million turnover Lakshmi Machine Works (LMW) Textile Machinery (Suzhou) Co Ltd, a wholly owned subsidiary of the Coimbatore headquartered LMW Ltd has decided ... Read more...

Posted in Business |

Rs.18,000-crore Air India restructuring plan approved


April 3rd, 2012 - 7:17 pm ICT by IANS
Mumbai, April 3 (IANS) The long-awaited Rs.18,000 crore financial restructuring plan for cash-strapped Air India has finally been approved by a consortium of 19 banks led by State Bank ... Read more...

Posted in Business |

Tractor major to invest Rs.160 crore in expansion


April 3rd, 2012 - 6:34 pm ICT by IANS
Chennai, April 3 (IANS) In order to continue its harvest of bumper sales at a time when the industry is logging negative growth, city based tractor major Rs.8,021 crore turnover ... Read more...

Posted in Business |

Plans unveiled for hassle-free travel to Ghaziabad


March 30th, 2012 - 12:22 am ICT by IANS
Ghaziabad, March 29 (IANS) Three underpasses and three foot overbridges would be constructed at major intersections on National Highway-24, the artery connecting trans Hindon areas with Ghaziabad and Noida, to ... Read more...

Posted in Business |

Tamil Nadu to study LNG power project feasibility


March 29th, 2012 - 3:15 pm ICT by IANS
Chennai, March 29 (IANS) The Tamil Nadu government will examine the feasibility of setting up a 500 MW power plant to be fired by liquefied natural gas (LNG), Chief Minister ... Read more...

Posted in Business |

Panacea Biotec commissions anti-cancer unit in Himachal


March 29th, 2012 - 2:44 pm ICT by IANS
Baddi (Himachal Pradesh), March 29 (IANS) Healthcare management company Panacea Biotec has commissioned an oncology unit in this Himachal Pradesh industrial town.This new manufacturing facility, with an outlay of Rs.55 ... Read more...

Posted in Business |

Himachal to recruit 200 doctors


March 28th, 2012 - 10:34 am ICT by IANS
Shimla, March 28 (IANS) Himachal Pradesh will recruit 200 doctors to strengthen medical services in the state, an official said here Wednesday.These include 125 specialists with a postgraduate degrees, a ... Read more...

Posted in Health |

TVS group acquires Britain-based firm


March 27th, 2012 - 8:59 pm ICT by IANS
Chennai, March 27 (IANS) Chennai-based $6.6 billion auto component group TVS will use the recently acquired Universal Components' marketing expertise and best practices in India and other Asian markets.Announcing the ... Read more...

Posted in Uncategorized |

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